Genesis Requests Timetable for Sale, Creditor Claims

Beau Barnes and Jake Chervinsky of Kobre & Kim LLP are litigators and government enforcement defense attorneys who specialize in disputes and investigations related to digital assets. This article is not intended to provide legal advice. For the past year, the cryptocurrency industry’s attention has focused on the Securities and Exchange Commission’s deliberations over how…

Oct 6, 2020 at 19:28 UTCUpdated Oct 6, 2020 at 19:29 UTCWhat drove growth in Q3? Stablecoins, DeFi and derivatives.(Shutterstock)These 3 Trends Are Driving Crypto Market Growth NowIn such a fast-growing industry as crypto asset markets, it can be overwhelming to try to extract the main themes driving liquidity and investor interest. Yet, doing so…

news The U.S. Commodity Futures Trading Commission (CFTC) is losing another senior level staffer. Bloomberg Law reports Friday that a number of sources have said Amir Zaidi, director of the CFTC’s Division of Market Oversight (DMO), is to leave the regulator within weeks. Zaidi had been in the post since early in 2017 and was the official…

The U.S. dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls.Jan 15, 2021 at 12:10 p.m. UTCBiden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin MarketBitcoin’s two-day rally has stalled as the U.S. dollar gains ground in the wake of Joe Biden’s fiscal stimulus announcement.The U.S. President-elect proposed an emergency relief…

Jun 25, 2020 at 07:32 UTCNatursports / Shutterstock.comFC Barcelona’s Token Sale Hit $1.3M Cap in Under 2 HoursSupporters of premier soccer club FC Barcelona have snapped up well over $1.3 million worth of tokens designed to provide fans with greater input into the running of the club. Known as Barca Fan Tokens, or $BAR, supporters…

news Certain exchanges that facilitate initial exchange offerings (IEOs) may be breaking U.S. securities laws, a top Securities and Exchange Commission official has said. Speaking Monday at CoinDesk’s Consensus 2019 conference in New York, Valerie Szczepanik, the SEC’s senior advisor for digital assets and innovation, said cryptocurrency exchanges that facilitate token sales for a fee…

news The troubled crypto exchange QuadrigaCX has appealed for creditor protection, setting the stage for a significant court hearing on Feb. 5 in Canada. Last Thursday, the exchange’s appeal was made before the Nova Scotia Supreme Court, with QuadrigaCX claiming that doesn’t have access to wallets containing some $137 million (U.S. dollars) in cryptocurrency. As…

Mar 5, 2020 at 12:10 UTCUpdated Mar 5, 2020 at 12:34 UTCTron’s Takeover of Steemit Is Internet History Repeating ItselfValerian Bennett is Managing Director of the Pop Network Foundation, which is dedicated to helping creators and communities find their freedom by decentralizing the streaming economy. He is a graduate of the BoostVC accelerator (Tribe 8)…

Feb 14, 2020 at 11:00 UTCViewBitcoin’s short-term and long-term daily moving averages look likely to converge soon, opening up the potential for a daily golden cross, a bullish pattern not seen for nearly 10 months.The 14-day relative strength index is registering near overbought conditions, a possible sign of buyer exhaustion that may see a short-term…